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The ABCs of Analytics !

The ABCs of Analytics ! | Strategy & Governance | Scoop.it

"Big data”—the explosion of quantifiable information, much of it generated by people’s behavior on the Internet and social media—has captured the imagination of companies, academics, and the business press. Executives are rightfully intrigued by the idea of drawing conclusions about their customers’ buying propensities from details of their activity: who they’re connected to, what they like. This promise is born partly of the fact that the data for Internet-based analytics is already being gathered on computers, there to be sorted, filtered, and modeled.

Fouad Bendris's insight:

A Day in the Life - One of the key lessons from the history of marketing science is that when a new data source becomes available, everyone is quick to fall in love with it. But smart companies take a step back and strive for a more holistic view of their customers and markets ...

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Strategy & Governance
Take a seat in the marvellous world of Strategy and understand the complex Governance around it !
Curated by Fouad Bendris
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Fears about technology are nothing new !

Fears about technology are nothing new ! | Strategy & Governance | Scoop.it

Concerns over new technology are nothing new, argues Melissa Dickson.

We live, we are so often told, in an information age. It is an era obsessed with space, time and speed, in which social media inculcates virtual lives that run parallel to our “real” lives and in which communications technologies collapse distances around the globe. Many of us struggle with the bombardment of information we receive and experience anxiety as a result of new media, which we feel threaten our relationships and “usual” modes of human interaction.

Fouad Bendris's insight:
While we cannot draw too strict a line of comparison between 19th-century attitudes to such technologies as the telegraph, train, telephone, and newspaper and our own responses as a culture to the advent of the internet and the mobile phone, there are parallels that almost argue against the Luddite position. As dramatically as technology changes, we, at least in the way we regard it, remain surprisingly unchanged.

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How Dell, HP, and Apple Rediscovered Their Founders’ Vision

How Dell, HP, and Apple Rediscovered Their Founders’ Vision | Strategy & Governance | Scoop.it

And why your company should do it too.

Few forces in business are more powerful or do more to shape the dynamics of an industry than the energy, focus, and ability of the great founders of companies. That founder’s mentality can create enormous value for a company, and this can be true long after the actual founder is gone. But lose the founder’s mentality itself, and a company can see its value rapidly destroyed ... 


Fouad Bendris's insight:
It is no coincidence that three of the most defining companies in computing have, at the center of their ups and downs, a narrative that tracks back to the founder and the principles and behaviors and practices that were put in place when the company was at its best. Our research shows that the computer industry’s experience—namely, the waxing and waning of the founder’s mentality—is a deep theme in industry after industry !
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Artificial Intelligence Is Setting Up the Internet for a Huge Clash With Europe

Artificial Intelligence Is Setting Up the Internet for a Huge Clash With Europe | Strategy & Governance | Scoop.it

#DeepLearning the latest in #AI technology, could clash with new regulations from the European Union, the world's single largest online market.

Fouad Bendris's insight:
Neural networks are changing the Internet. Inspired by the networks of neurons inside the human brain, these deep mathematical models can learn discrete tasks by analyzing enormous amounts of data. They’ve learned to recognize faces in photos, identify spoken commands, and translate text from one language to another. And that’s just a start. They’re also moving into the heart of tech giants like Google and Facebook. They’re helping to choose what you see when you query the Google search engine or visit your Facebook News Feed.
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Slow Deciders Make Better Strategists

Slow Deciders Make Better Strategists | Strategy & Governance | Scoop.it
There are many ways to split people into two groups. Young and old. Rich and poor. Us and them. The 98% who can do arithmetic and the 3% who cannot. Those who split people into two groups and those who don’t. Then there’s the people who make good competitive-strategy decisions, and those who don’t. It’s not easy to split people into the good/bad strategy decision-makers. Track records are useful but they’re not unambiguous, and those getting started have no track records at all !
Fouad Bendris's insight:
What about mindset? We know people put credence in confidence. However, it seems to me there’s a difference between someone who’s confident after laboring over a thoughtful decision and someone who’s confident with a snap judgment. It seems to me there’s a difference between someone who’s unsure after serious contemplation and someone who’s unsure about a quick pick ... 
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The Heavy Cost of System Downtime

The Heavy Cost of System Downtime | Strategy & Governance | Scoop.it
Human error, network failures, buggy apps and the ever-present hacker have made system outages a constant concern for far too many organizations.
Fouad Bendris's insight:
Routine Stop 57% of IT pros say their company has had at least one systems outage in the past three months, and 31% say they've had an outage either in the past week or month ... 
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Does Your Business Model Look to the Future or Just Defend the Present?

Does Your Business Model Look to the Future or Just Defend the Present? | Strategy & Governance | Scoop.it

There’s power in being more flexible than your competition.

Many of the companies leading today’s technology-driven transformations across industries are leveraging transitional strategies, or more specifically transitional business platforms. Few old-guard players have recognized the power of transitional models, but companies such as Netflix, Uber, Apple, and Tesla know that waiting for the time to be right means waiting until it’s too late

Fouad Bendris's insight:
Getting in the game helps define the game, but it’s essential to have some idea — even a vague one — of what the game might eventually be. For the next generation, that game will often be about pushing the production and provision of products and services ever closer to the moment of demand. From distributed energy generation to 3D printing to crowdfunding to the Internet of Things and data analytics, all of these technologies enable us to provide what customers want, where, how, and when they want it. Businesses able to most cost-effectively provide it will win.
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Michel CEZON's curator insight, June 30, 8:04 AM
"A great transitional model is based on an accurate directional read of the future, providing flexibility and optionality as the future unfolds" MUST READ the four characteristics that distinguish transitional business platforms!
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Beyond the Holacracy Hype

Beyond the Holacracy Hype | Strategy & Governance | Scoop.it

The overwrought claims—and actual promise—of the next generation of self-managed teams !

In fact self-management models are intricately nested. A holacracy circle, for example, may contain several subcircles, each with subcircles of its own. At Zappos the General Company Circle—the only circle not nested within another—has 18 subcircles, and the average number of subcircles is 1.8.


Fouad Bendris's insight:
What Self-Managed Organizations Look Like - Given their origins in self-managed teams, it’s not surprising that self-managed organizations have similar codes of conduct: Members share accountability for the work, authority over how goals are met, discretion over resource use, and ownership of information and knowledge related to the work ... 
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Do Managers and Leaders Really Do Different Things?

Do Managers and Leaders Really Do Different Things? | Strategy & Governance | Scoop.it

Or do they just think differently?

Business people and business theorists love to draw distinctions between management and leadership. They tell us that “managers do things right; leaders do the right thing” and “management is administration, but leadership is innovation.” Management, we seem to think, is what we need to do, but leadership is what we want to do. This is a conundrum that many of us describe, but is it real? Are leadership and management fundamentally different roles in practice? Or do they simply require us to focus on different things?


Fouad Bendris's insight:
Or do they just think differently?
Attitudes toward delegation and development make this distinction even clearer. “Managers” delegated largely as a way to increase efficiency; “leaders” delegated as a way to empower subordinates !
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How CIOs can take IT to the next level by anticipating industry disruptions

How CIOs can take IT to the next level by anticipating industry disruptions | Strategy & Governance | Scoop.it
The key actions CIOs must take to anticipate their industry disruption and align their IT organization to the competitive challenges of the digital economy.
Fouad Bendris's insight:
First: Shift your concern from infrastructure efficiency to organizational agility An industry disruption's impact nobody's talking about is, it's shifting the concerns from infrastructure efficiency to organizational agility. The notion that deploying infrastructure is all your business need to succeed is outdated !
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A New Approach to Organization Design

A New Approach to Organization Design | Strategy & Governance | Scoop.it
Reorganization can boost company performance, but the results are often disappointing. A smart new approach dramatically increases the likelihood of success. Recognizing that company performance is determined above all by employees’ behaviors, it uses a variety of organizational levers to maximize the cooperation, engagement, and effectiveness of staff throughout the organization.
Fouad Bendris's insight:
In a time of economic turbulence, disruptive technology, globalization, and unprecedentedly fierce competition, the priority concern for many business leaders is to adapt to the changing conditions in order to boost their company’s performance. For that purpose, they frequently turn to organization design for help. By driving a thorough organizational review and redesign, company leaders can change the trajectory of their business !
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Next-Gen Retirement !

Next-Gen Retirement ! | Strategy & Governance | Scoop.it

Post-career life has changed, and it demands a new approach.

ery day in the United States more than 10,000 people turn 65. For decades this was the typical retirement age. Starting in their early fifties, but certainly by age 70, people were expected to end their careers and embrace a life of leisure. But in the past 20 years, that paradigm has shifted dramatically. Half of today’s 60-year-olds will live to at least age 90, according to Lynda Gratton and Andrew Scott, the authors of The 100-Year Life, which draws on the research of demographers Jim Oeppen and James Vaupel. Meanwhile, the era of corporate and government pension plans that promised lifetime financial security is over. For this and other reasons, many executives are now rethinking what it means to retire.

Fouad Bendris's insight:
ind Your Retirement Metaphor Managers use a variety of language when talking about retirement. Some think of it as detox from work stress, liberation from the daily grind, or downshifting from a demanding career. Those metaphors all aptly describe the experiences of Jim, who retired from his position as the CEO of an international company when he was barely 50 because of a health scare. His father had died in his forties, and Jim didn’t want to follow in his footsteps.
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Finding the Key to Unlock Data’s Potential

Finding the Key to Unlock Data’s Potential | Strategy & Governance | Scoop.it
Putting data to its maximum use and achieving optimal results remains a huge challenge for both tech leaders and business executives.
Fouad Bendris's insight:
It's no secret that data increasingly defines the enterprise. In fact, a growing number of observers believe that it will emerge as a genuine currency in the years ahead. But putting it to maximum use and achieving optimal results remains a huge challenge ...
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Ahead of the curve: The future of performance management !

Ahead of the curve: The future of performance management ! | Strategy & Governance | Scoop.it

What happens after companies jettison traditional year-end evaluations?

Most corporate performance-management systems don’t work today, because they are rooted in models for specializing and continually optimizing discrete work tasks. These models date back more than a century, to Frederick W. Taylor. Over the next 100 years, performance-management systems evolved but did not change fundamentally. A measure like the number of pins produced in a single day could become a more sophisticated one, such as a balanced scorecard of key performance indicators (KPIs) that link back to overarching company goals.

Fouad Bendris's insight:
Managers and staff alike too often view performance management as time consuming, excessively subjective, demotivating, and ultimately unhelpful. In these cases, it does little to improve the performance of employees. It may even undermine their performance as they struggle with ratings, worry about compensation, and try to make sense of performance feedback !
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Michel CEZON's curator insight, June 12, 2:48 AM
Rethinking the way companies mesure performance and making use of coaching to build the future rather than cursing the past !
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What is Your Speed of Change? 

What is Your Speed of Change?  | Strategy & Governance | Scoop.it
Organizations are always evolving. What’s different now, is that we set new speed record of change on a daily basis. Technology gives us unprecedented possibilities. And this sea of opportunities is pushing the traditional bureaucratic, controlled and hierarchical organization into an identity crisis. These companies are not disrupted by other companies. They have disrupted themselves!
Fouad Bendris's insight:
What is Your Speed of Change? Can you change? Of course you can. Everybody changes every day. But how versatile, agile and quickly can you adapt yourself and your organization to stay relevant in today’s society? Organizations are always evolving. What’s different now, is that we set new speed record of change on a daily basis.
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A Data-Driven Approach to Group Creativity

A Data-Driven Approach to Group Creativity | Strategy & Governance | Scoop.it

Using personality assessments to build an innovative team.

Though many organizations already use assessment for hiring, leadership development, team-building, and executive coaching, it has not been extended much to hiring and building better innovation teams. Why does this even matter? It matters because innovation requires specific personality types, characteristics, and an environment that engenders psychological safety, to be unleashed. In select studies, innovation teams that leveraged personality types generated 95 times more profit and increased the speed as well as effectiveness of new business development by over 900% compared to their counterparts.

Fouad Bendris's insight:
How can you ensure that your company has innovative teams? Based on our experience building innovation teams and consulting for Fortune 500 companies on setting up innovation processes, a key component that has proven to be paramount but consistently neglected is psychological assessment ! 
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Le #BigData doit apprendre à évaluer ses impacts !

Le #BigData doit apprendre à évaluer ses impacts ! | Strategy & Governance | Scoop.it

Le Big Data doit apprendre à évaluer ses impacts !

Pour Cathy O’Neil, si les résultats sont opaques, inexplicables, cela tient beaucoup au fait que les gens sont impressionnés par les mathématiques. Ils pensent qu’ils n’ont pas l’autorité, les connaissances pour comprendre. « Notre analphabétisme en mathématique donne de l’autorité aux traitements impénétrables ». Pour les gens, les maths sont intimidants. Ils sont comme un autre langage dont on n’aurait pas les connaissances pour les comprendre. Pourtant, les mathématiciens eux-mêmes n’accepteraient pas d’utiliser des choses qu’ils ne comprendraient pas.

Fouad Bendris's insight:
Le premier problème, outre la difficulté que peut représenter parfois la collecte, est de décider quelles données utiliser. Quand on utilise les données de l’évolution du cours de l’action d’Apple, parle-t-on de données en temps réel, de données quotidiennes, de données moyennes sur 10 ou 40 jours… ? Quand on parle de données, on est souvent imprécis, alors qu’il faut être précis ! Utilise-t-on les bonnes données ? Utilise-t-on de bons modèles ? Permettent-elles d’obtenir de bons retours ou de corriger les problèmes ? Rendent-elles aveugles aux externalités ?… Comme le souligne la loi de Goodhart, quand une mesure devient un enjeu, elle cesse assez souvent d’être une bonne mesure ... 
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How to Negotiate with a Liar ... 

How to Negotiate with a Liar ...  | Strategy & Governance | Scoop.it
Is there anything you can do to ensure you’re not duped in a negotiation? Yes, if you focus on prevention rather than detection. There are several science-backed strategies that can help you conduct conversations in a way that makes it more difficult for your counterpart to lie. Though these methods aren’t fail-safe, they will leave you better positioned in your deal making and help you to create maximum value.
Fouad Bendris's insight:
Humans are particularly inept at recognizing lies that are cloaked in flattery !
1. Encourage Reciprocity
2. Ask the Right Questions
3. Watch for Dodging
4. Don’t Dwell on Confidentiality
5. Cultivate Leaks
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Michel CEZON's curator insight, July 8, 1:56 AM
"Lying surrounds us—and can be a real impediment to the creation of value in negotiation. The good news is that deploying science-backed strategies can go a long way toward bringing out the best in negotiations—and in the parties involved."
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How a Flex-Time Program at MIT Improved Productivity, Resilience, and Trust

How a Flex-Time Program at MIT Improved Productivity, Resilience, and Trust | Strategy & Governance | Scoop.it

It cost nothing and it helped more work get done.

At first glance, the financial gain is negligible; it’s simply a benefit we added that did not increase our personnel budget. 

But looking deeper there are tangible bottom-line benefits to our flex-time program. For example, our employees report feeling less stressed, simply because — for some — we reduced or eliminated a grueling commute. According to Psychology Today, commuting can have a significant detrimental impact on people ;()



Fouad Bendris's insight:
In today’s increasingly competitive hiring market, organizations need to think differently about how to attract new employees and retain existing ones. Unfortunately, many of the obvious solutions require a financial investment: increasing salaries, bonuses, medical benefits, or vacation days. And if your “competitive advantage” in hiring simply boils down to throwing money at the problem, your hires are quite possibly going to jump ship when a higher offer or benefits package is put in front of them.
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Beyond Acronyms: Humanizing big data and information governance through mindful storytelling

Beyond Acronyms: Humanizing big data and information governance through mindful storytelling | Strategy & Governance | Scoop.it

Six tips for effective data storytelling, as learned from work being done at the Navy.

1. Speak the same language

2. Tell the story, then show the pictures

3. Develop your characters

4. Show “What-If?”

5. Document commonalities and differences

6. Continuously improve

Fouad Bendris's insight:
being responsible for complex, mission-critical initiatives such as enterprise architecture, software licensing, information assurance, data and help desk consolidation, and compliance, to name a few – means there is a lot of data to be dealt with. But, just like with any organization, IT must tell impactful stories that convey why an initiative must be undertaken and how it affects the end-user.
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How to Defeat Your Cultural Antibodies

How to Defeat Your Cultural Antibodies | Strategy & Governance | Scoop.it
As Innovation and Growth Strategy consultants we have methods, processes, and exercises that we apply to client problems, but what is even more impactful is something else ultimately. That something is perhaps the rarest asset in corporate America for an unknown reason, something called courage.
Fouad Bendris's insight:
It’s little wonder that all of the big telecommunications companies can only grow by major acquisition rather than human invention. Given that they are fixed and rigid in their business model, infrastructure costs, and roles, they cannot afford to re-think the industry.
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The enterprise technologies to watch in 2016 | ZDNet

The enterprise technologies to watch in 2016 | ZDNet | Strategy & Governance | Scoop.it
While enterprise technology has always been somewhat a breed apart from consumer tech, this year we see that consumer tech will definitively set the agenda for businesses like never before in this year's list of tech to watch.
Fouad Bendris's insight:
here are several new additions to the list this year that -- despite rampant overuse of the term these days -- hold the potential to be genuinely disruptive in the short term. These include blockchain, digital/customer experience management, and real-time stream processing, or fast data !
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Why some Data Lakes are built to last

Why some Data Lakes are built to last | Strategy & Governance | Scoop.it

Unfortunately, more than a few data lake projects are off track. Data is going in but it’s not coming out, at least not at the pace envisioned. What’s the chokepoint? It tends to be some combination of lack of manageability, data quality and security concerns, performance unpredictability, and shortage of skilled data engineers. What distinguishes data lakes that are “enterprise class”, i.e., the ones that are built to last and attract hundreds of users and uses? First let’s look at the features that are Table Stakes, i.e., what makes a data lake a data lake. Next we will describe the capabilities that make a first class data lake, one that is built to last.

Fouad Bendris's insight:
#Hadoop-based Data Lakes can be game-changers, but too many are under performing. Here's a checklist to make your data lake a wild success.
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Why political candidates can't do agile ?

Why political candidates can't do agile ? | Strategy & Governance | Scoop.it
It’s voting season, and we all know how candidates for office act. They have to be light on their feet, but their behavior is anything but ’agile‘… and their habits would destroy any agile project. Once you’ve absorbed that idea, substitute the word ’executives‘ for ‘candidates.’
Fouad Bendris's insight:
What’s ironic about all this is that the day after the election, the winning politician suddenly lives in the ultimate agile world !
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The rise of the robots: How the market is booming

The rise of the robots: How the market is booming | Strategy & Governance | Scoop.it

The robotics industry is experiencing an investment boom, as the technology develops. What could it mean for humans?

Although the amount of money flowing into a new robotics industry is still at a relatively early stage, all the lead indicators of the innovation economy are pointing up. Patent filings covering robotics technology — one sign of the expected impact — have soared. According to IFI Claims, a patent research company, annual filings have tripled over the past decade. China alone accounted for 35 per cent of robot-related patent filings last year — more than double nearest rival Japan.

Fouad Bendris's insight:
The computational power required has gone down a lot.” The result is a new class of machines that can operate by themselves in human space, the advance guard of a new robot industry !
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How to Know If Someone Is Ready to Be a Manager

How to Know If Someone Is Ready to Be a Manager | Strategy & Governance | Scoop.it

When you’re hiring a new manager, the stakes are high. You need someone who can effectively lead people, manage a budget, liaise with upper management — and, usually, do it all from day one. But what if a potential hire doesn’t yet have a track record in doing all of the above? Would you hire or promote a star player into a management role if they’ve never managed anyone?

Fouad Bendris's insight:
A good way to gauge whether a candidate understands the role is to ask what they think management is about, and what specifically they would strive to do in managing this particular team.
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